1649 Edith Esplanade Active Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33904
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 224098456
Bedrooms 4
Full Baths 4
HOA Y/N Yes
Originating Board Florida Gulf Coast
Year Built 1961
Annual Tax Amount $9,196
Tax Year 2023
Lot Size 10,105 Sqft
Acres 0.232
Property Description
"As the old saying goes, “they aren't making any more land”, so here is your rare opportunity to take advantage of this beautiful spot right on the Bikini Basin at the mouth of the river with direct, deep-water gulf access. This property is all about location. As an investment opportunity use this old-Florida style multi-family home with 2 bedroom/2bath each side as a vacation or annual rental. If you choose seasonal or short-term rental, you can have four separate units for rent as it sits now. Each side has a bedroom/bath combination with a separate entrance off the screened front lanai. The other two units would each have a bedroom/bath combination and living room with kitchen. Land use allows for multi-family of less than 10 so build new with nine units and increase your income potential with this unique property. The location is a short distance to downtown Cape Coral restaurants and shopping and just across the bridge from Ft. Myers. The beautiful water views and quick, easy access to the gulf make it ideal for a private residence too. Build your perfect dream home right on the water. Sit out back and enjoy the basin or sit out front and enjoy the view of the river.
Location
State FL
County Lee
Area Cape Coral
Zoning R3-W
Interior
Heating Wall Unit
Flooring Tile
Fireplace No
Heat Source Wall Unit
Exterior
Exterior Feature Boat Dock Private,Concrete Dock
Amenities Available None
Waterfront Description Basin,Navigable,Seawall
Roof Type Shingle
Porch Patio
Garage No
Private Pool No
Building
Lot Description Across From Waterfront,Regular
Water Central
Architectural Style Duplex
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 17-45-24-C1-00075.0360